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Sirjames
@Sir_jameil
IT Graduate 🧑‍🎓 Web Developer🧑‍💻 Aspiring Cybersecurity Professional🎊 Tech Innovator🤖 Floating where dreams blur into reality ✨✨
Joined December 2023
203 Following    221 Followers
Bybit @Bybit_Official just expanded UTA Loan interest-free borrowing and this is a real upgrade for active Perps & Futures traders. What’s new? Interest-free auto-borrowing now supports 22 additional major crypto assets, including: BTC, ETH, SOL, XRP, ADA, LINK, AVAX, APT and more (bringing the total to ~24 assets with USDT & USDC). How it works: When unrealized losses from your Perpetual or Futures positions trigger automatic borrowing under the Unified Trading Account (UTA), that borrowing stays interest-free as long as it stays within your VIP-tier limit. Interest-free limits (approx.): • Non-VIP → 30,000 USDT/15,000 USDC • VIP 1–3 → 50,000 USDT/25,000 USDC • VIP 4–5/Supreme / Pro → 70,000 USDT/35,000 USDC Each account (including sub-accounts) has its own separate quota. 🚨Important note: This only applies to automatic borrowing caused by unrealized Perps/Futures losses. Manual borrowing, Spot Margin, Options, or any amount above the limit still accrues interest. Why it matters: 1️⃣More flexibility when managing open positions. 2️⃣Lower financing costs while your trades are running. 3️⃣Better capital efficiency for active traders. 4️⃣Clean, practical upgrade from Bybit. Who’s already using UTA and noticing the difference? #Bybit# #UTALoan# #NewFinancialPlatform#
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UTA Loan just got bigger. Interest-free borrowing now supports 22 more major crypto assets — including BTC, ETH, SOL, XRP, ADA, LINK, AVAX, APT and more. If automatic borrowing is triggered by unrealized losses from Perpetual or Futures trading, borrowing within your interest-free limit won’t incur interest. More flexibility. Less borrowing cost.
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